Bitter truth: Surge in sugar prices to push up festival budgets
Sugar inflation in sweets, confectionery and desserts reached 13.8% in September, according to government data, as festive demand lifted household costs.
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The Economic Times
Times of IndiaBitter truth: Surge in sugar prices to push up festival budgets
Sweets and desserts are experiencing higher prices this festive season due to increasing sugar costs and rising demand. Sugar prices have surged significantly year-on-year, contributing to overall food inflation. The festive calendar is expected to drive further demand for sweets and confectionery items. Manufacturers may react by adjusting prices while trying to maintain consumer affordability. Concerns about production due to uneven rainfall c…
Sugar Prices Surge Ahead of Diwali, Simple Explainer on Supply Shortage, Festive Demand and What Comes Next
Sugar Prices: Sugar is getting costlier just as families and sweet makers stock up for Diwali. In Maharashtra, prices have jumped 17% in six days to ₹5,100 per quintal (100 kg). In Uttar Pradesh, they are about ₹5,200. In Agra, retail sugar has reportedly reached ₹62 a kg, and traders say they have only about […]
Sweets may become more expensive during the festive season. Wholesale sugar rates have risen by 17 percent in just six days. Supply is tight in the market, preventing festive demand from being met, exacerbating the crisis.
New Delhi: Sugar prices are soaring again in the country as Diwali approaches. Sugar prices have increased by more than 10 percent in the last six days. The festive season is a time of...
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